Mitsui, Excel to set up compounding plant in China

Guangdong, China – Excel Polymers LLC and Mitsui and Co., Ltd., of Japan have agreed to form a joint venture for the production of rubber compounds in southern China.

The joint venture will be owned 61 percent by Excel Polymers and 39 percent by Mitsui. The company will operate under the Excel name as EXLP Global (Foshan) Co., Ltd., and will be located in the Shunde Science and Technology Industrial Park in Guangdong Province of China. The operation will be about 40 kilometres south of…

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